Christopher Jeffries lists his Ritz-Carlton penthouse for $77.5M

Millennium Partners co-founder Christopher Jeffries, after spending much time in New York has now decided to venture out in other cities. This is perhaps the reason why, the top executive has listed his Ritz Carlton condominium on the market, for a listing price of $77.5 million. A part of the 12 such glorious examples sitting atop the Ritz Carlton Hotel in New York, this property is known to be spread over 2 floors, with amenities such as media room, library, display room, dining room, kitchen, and breakfast room. Other than that, the condo’s prime location with attached services of the hotel makes it a top notch category listing too.

Price: $77.5 million

Address: 50, Central Park South, New York

Setting and Location: Set in one of the most posh and centrally located areas of New York, Central South Park does fall into the category of the most sought after areas of the city, if not on America’s soil. Apart from the presence of large tall buildings, the surroundings of this condominium comprise of long distance views of vegetation, done up in unconventional shades of nature. The place itself, spread over 2 floors of 30th and 31st floors of what was the St. Moritz Hotel Grand ball room. Millennium Partners were actually involved in renovating the property from its original condition, and converting it into this private condominium set up. What also make it a top notch category are the vast 10,882 square foot area accommodation area, and the placing of the property which gives the best aerial and panoramic view of the city. This setting comes as a rarity on market, but then this just is that special property, which many are guessing to be the most expensive of its kind on the local market.

Accommodation: A media room, library, display room, 500-square foot dining room, kitchen with 7 windows, and breakfast room on the upper floor with 15-foot high ceilings. The lower floor with 10-foot high ceilings has 4 bedrooms including a 3,000 square foot master suite, suburban size laundry room, apart from its walk-in closets with specialized shelf space for handbags. Generous uses of high quality wood like mahogany and walnut have been noticed within the 800- square foot dressing areas and also the wall of the master suite.

Facts and Figures:

· Currently owned by Christopher Jeffries who happens to be a co-founder of Millennium Partners, a firm involved with developing the Ritz Carlton in New York, especially the 12 condominiums sitting atop the building.

· Was bought in 2002 for $20 million by Mr. Jeffries.

· The upper floor of the condo also happened to be the grand ball room of the St. Moritz Hotel, for its massive spread and high ceilings.